The Insurance Department of Salomon Lipschütz & Co. is one of Israel’s leading and highly regarded practices of commercial insurance. The Department provides a comprehensive legal response and solutions, combining expertise with acute business understanding as well as rich experience in complex litigation.
With the joining of Adv. Granot and his skilled team, the Firm has established a unique layout of legal consultation and advice, rendering legal services and representation to local and international insurance companies, foreign reinsurers and some of the largest business insureds in the economy, in a wide range of fields of activity.
The legal team has long-term experience in complex commercial litigation and in providing comprehensive legal consultation, from drafting policies, to managing complex insurance disputes before legal instances, and in alternative dispute-resolution frameworks.
The Department has extensive experience in representing insurance companies and insureds in processes of litigation and resolution of disputes throughout the branches of commercial insurance, including Professional Liability insurance, Directors and Officers (D&O) Insurance in public companies and local authorities, Product Liability insurance, Contractors’ All Risks (CAR) insurance and Erection All Risks (EAR) insurance, Banker’s Blanket Bond (BBB) policies, and more. The Department also represents insurance companies in disputes with reinsurers and in complex issues relating to insurance coverage, risk sharing and policy interpretation.
In addition to the representation of insurance companies, the Department has comprehensive experience in representing insureds under insurance policies in everything relating to commercial and civil litigation. Over the past decades the Firm has represented insureds in thousands of commercial lawsuits.
Moreover, the Department performs monitoring and legal supervision on behalf of insurance companies over attorneys who represent insureds in complex commercial claims and large-scale proceedings, some of the largest and most complex in Israel, including in class actions and derivative lawsuits. As such, the Department sees to the management of legal proceedings, examines deliberative and substantial strategies, provides current risk assessments and assists in making decisions regarding lawsuit management, defense budgets and settlement arrangements.
This vast experience provides the Department with a wide and unique understanding of the needs of all parties operating in the insurance market. The representation and consultation provided are rendered out of thorough acquaintance of the business and regulatory environment in which the insurance companies operate and of the unique challenges characterizing the industry.
The Department’s extensive insurance expertise jointly with the Firm’s vast experience in complex commercial litigation and other areas of commercial law, allow the team to provide its clients with the highest level of consultation and representation in cases where complex business, financial and regulatory issues are involved. This unmatched combination gives the Department’s clients a significant advantage in preventing disputes and in efficient management of complicated legal proceedings both in Israel and abroad.
